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's price out this with fusion analytics josh brown. he says do not chase facebook on this first day tom bellis has money, his and bob pisani is joining us as well. at $38, josh, how do you view the valuation on facebook here? >> i think it's about what we expected, and i think the stock opens up at a premium even from there. and i think it will be probably a positive for the markets overall tomorrow, because this is a really dreary atmosphere. but something like a facebook could really make people feel a little bit better about wading back into some nasdaq names. that's probably what we had expected. and i bet it opens up at a decent pop from there. >> but you still wouldn't buy it at these prices? >> if you're in on the ipo price, you're in a great position. i don't know that it makes sense to buy this stock at 50, $55. you might want to hang tight. >> tom, you've got money in the game here. you've got some facebook shares, 38 bucks a share. what do you think? >> you have millions out there who have been waiting for this day to come. people who couldn't buy facebook that are going to c
of june or does june turn it around. back with me is joshua brown for fusion analytics. wealth management and amanda drury. thank you for joining us. let's take a look at what you're expecting in terms of the month of june. mark, let me kick this off with you. and dealing with the high earners and are they risk adverse and investors we have seen have been risk averse and they said we're pessimistic. we've actually spent a fair am of time and sell in hey, go away, you're going to miss a wild ride and and we think at the end of the day, the european fears and anxiety exceed a little bit. corporate earnings, cash on the balance sheet. little bit of labor improvement. and we have the ammunition for reasonableness this year. >> i want to come back to you on the summertime. i'd like to know what you are in fact envisioning this summer. how do you see it? what are you expecting for stocks? >> well, we think the second half would be better. the last two days are a perfect indication where you just can't get any traction. it was one day risk on, one day risk off. when you have that level of your h
has been making pretty strong statements about france's budget woes already. >> john brown saying hollande will stick to his guns and simple math is going to force him to compromise. it didn't raise a red flag for you? >> i think europe is already in recession and heading fast towards depression and like most socialists, he's going to take the easy option of more quantitative easing and federal reserve chairman bernanke and in doing so he will be supported by the angry american elite that support debased money and the struggle against strong us a industry general school money led by germany. so he will leave germany. this will force germany out of the euro and out of the european union, i can see. >> we're not going that far. you've gone too far. we're just talking about whether or not we actually think he's going to give himself cover so he doesn't have to do everything that he promised to by saying that sarkozy left it worse than he thought. >> i think he will do what he said. >> keep on spending away? >> yes. >> steve, is the math going to force him to compromise? >> well, yeah
Search Results 0 to 2 of about 3